Last week, Global Corporate Venturing reported several interesting and sizeable transactions in the e-commerce space from around the globe.
Month: August 2018
Analysis: Large corporate-backed rounds by region
Large rounds tend to be raised by companies based in the US and China, more so than other parts of the world. China-based businesses also tend to raise much larger rounds.
GLP sends series A funding to Wangjiahuan
Fresh produce distributor Wangjiahuan has raised $58.5m from Global Logistic Properties subsidiary Hidden Hill Modern Logistics Private Equity Fund.
SenseTime scouts Li for investment role
Jennifer Xuan Li has moved from an investment position at Baidu to a similar post at SenseTime, which is becoming increasingly active in corporate venturing.
Ambys shows ambition with $60m series A
Takeda invested $20m in the round and is providing $80m in development financing through a strategic partnership deal.
Domino dots the i’s on $40m round
Domino Data Lab has now raised more than $81m altogether, having received $40m in a round co-led by Sequoia Capital and Coatue Management.
SGE finds PerkSpot with $50m investment
12-year old employee benefits platform PerkSpot raised its first external funding, securing $50m from Susquehanna Growth Equity.
Boston Scientific spikes Veniti in $108m acquisition
Boston Scientific, which paid $25m for a 25% stake in the venous stent developer two years ago, has agreed to buy the company in full.
Weidai weighs up $100m IPO
Hakim Unique is the largest external shareholder for the Chinese vehicle-backed loan provider, which is set to float in the US.
NFL helps dish up $50m for Appetize
Appetize, a US-based point-of-sale (POS) technology developer backed by marketing firm R/GA, has added 32 Equity, which is owned by the National Football League (NFL)’s 32 member franchises, to its shareholders. The company has now raised more than $50m in total funding, putting the commitment by 32 Equity at approximately $10m, based on previous disclosures adding up… Continue reading NFL helps dish up $50m for Appetize
New Oriental enrols corporates in $220m fund
New Oriental Education and Technology will invest in education-focused startups through a fund backed by fellow corporates 51Job and Sunlands Education.
Ximalaya tunes into $580m
Tencent invested in the audio streaming platform as part of a round that valued it at about $3.5bn post-money.
Pivotal BioVenture Partners prises Preston from TPG
Heather Preston, formerly managing director at TPG Biotech, has taken a managing partner position at Nan Fung-backed Pivotal BioVenture Partners.
DefinedCrowd absorbs series A investors
The AI testing data platform secured $11.8m in an Evolution Equity Partners-led round that included Mastercard, EDP, Sony and Amazon Alexa Fund.